Nigeria is taking a $1.1 billion loan from Brazil to boost agriculture.

Vice President Yemi Osinbajo at the launch of the “The Green Imperative”,
in Abuja, January 17, 2018 (Facebook/Aso Rock Villa).

The bilateral project will enhance the agricultural sector through the provision of modern machinery tools.

Nigeria launches 'The Green Imperative', a Brazil- Nigeria bilateral project.

The bilateral deal also includes 10,000 tractors to be assembled in Nigeria, more than 707 centres to be established to train not less than 10,000 Nigerians.

Audu Ogbeh, Agric minister, advises youths to seek wealth through agriculture.

Nigerian government on Thursday said it will take $1.1 billion loan from the Brazilian government to boost the agricultural sector and provide five million jobs.

This, the government said it will be done through ‘The Green Imperative’ - a Brazil – Nigeria bilateral project conceived to enhance the agricultural sector through the provision of modern machinery tools.

According to the government, the partnership also includes 10,000 tractors to be assembled in Nigeria, more than 707 centres to be established to train not less than 10,000 Nigerians.

By Aderemi Ojekunle.

Full story at Pulse NG.